BCSC offers temporary reporting exemption to B.C. businesses

The British Columbia Securities Commission (BCSC) is granting businesses operating in B.C. a time extension on reporting audited financial statements, exemptions and quarterly reports to the commission.

The measures – similar to those implemented by securities regulators in Alberta and Ontario – grant businesses temporary reporting deadline relief during the COVID-19 pandemic. A regulated business that would normally be required to file documents with the BCSC between March 23 and June 1 can now take an additional 45 days to submit documents or information.

The BCSC order, which lists the documents and information covered by it, can be found here.

Read the full article at Business in Vancouver.